Practice Areas - Debt Capital Markets Law Firms and Lawyers

Slaughter and May advised SEGRO plc on its cash tender offer for certain of its existing Sterling bonds and the new issue of two Sterling bonds. SEGRO accepted for purchase in cash an aggregate principal amount of its existing Sterling bonds across four tranches equal to GBP550 million, at a cash cost of GBP677 million. SEGRO also launched and priced a GBP350 million bond with a maturity of 12 years paying a coupon of 2.375% and a GBP400 million bond with a maturity of 20 years paying a coupon of 2.875%.